NOT LISTED FOR SALE

2 S Seminary Ave Mount Morris, IL 61054

Studio
9 Baths
2,836 Sq Ft
1926 Built

Last Sold July 25, 2023

Last sale price $255,000 $90 Per Sq Ft

14 Days on Market

Highlights

  • Baseboard Heating
  • Coin Laundry
  • 3-minute walk to Mt Morris Skate Park
  • Oregon High School Rated 9+
  • Washer and Dryer

About This Home

As of July 2023

EXCELLENT INVESTMENT OPPORTUNITY! Grow your investment portfolio and income. 9 unit apartment. Parking lot. There are six- 2 bedroom/1 bathroom apartments and three- 1 bedroom/1bathroom apartments. Each unit is all electric and tenant pays electric bill for their unit (Heating and Cooking Electric). Landlord pays water/sewer/garbage & gas bill for hot water heater. Currently at 100% capacity. Newer Roof, Hot Water heater and sumpump. $$$

Last Agent to Sell the Property

Daisy Botti

Botti Realty License #471019112 Listed on: 05/12/2023

Last Buyer's Agent

Daisy Botti

Botti Realty License #471019112 Listed on: 05/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,892

Year Built

  • Built in 1926

Parking

  • 25 Car Parking Spaces

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 2,836 Sq Ft Home
  • 3-Story Property
  • Partial Basement
  • Washer and Dryer

Kitchen

  • Stove
  • Range

Schools

  • Oregon Elementary School
  • Oregon Middle School
  • Oregon High School

Utilities

  • Baseboard Heating
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 9 Units
  • 3-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,892

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Refrigerator, Stove/Cooktop
  • Class: MULTIFAMILY
  • Front: 129
  • General Features: Laundry in Building
  • Legal Description: RNG/BLK: TWP:0 SECT/LOT: LOTS 1 & 2 BLK 1 SEMINARY SQ ADD VIL MT MORRIS
  • Lvt Date: 05/12/2023
  • Rear: 129
  • Side 1: 123
  • Side 2: 123
  • Style: 3+ Story
  • Type: 5+ Units
  • Number Of Floors In Bldg: 3
  • Number Of Tenants In Bldg: 11
  • Number Of Units In Bldg: 9
  • Utilities Yr: 3050
  • Agent Only_ L A1 User Code: 5698
  • Elementary School: Oregon Elementary
  • Estimated Total Finished Sq Ft: 2836
  • Hold Earnest Money Y N: No
  • Pertinent Facts: EXCELLENT INVESTMENT OPPORTUNITY! Grow your investment portfolio and income. 9 unit apartment. Parking lot. There are six- 2 bedroom/1 bathroom apartments and three- 1 bedroom/1bathroom apartments. Each unit is all electric and tenant pays electric bill for their unit (Heating and Cooking Electric). Landlord pays water/sewer/garbage & gas bill for hot water heater. Currently at 100% capacity. Newer Roof, Hot Water heater and sumpump. $$$
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: Yes
  • Washer Dryer: Yes
  • Estimated Above Grade Sq Ft: 2836
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Partial
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 25

Utilities

  • Heating: Baseboard, Electric
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Building Info

  • Year Built: 1926

Tax Info

  • Year: 2021
  • Taxes: 3892

MLS Schools

  • HighSchool: Oregon High
  • School District: Oregon 220
  • Middle School: Oregon

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2023 07/25/23 Sold $255,000 -7.3% $90 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $275,000 +74.1% $97 / Sq Ft
12/30/2020 12/30/20 Sold $158,000 -19.0% -- View Prior Sale
10/24/2020 10/24/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $195,000 0.0% --
07/09/2020 07/09/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $195,000 +89.3% --
10/12/2017 10/12/17 Sold $103,000 -5.5% $12 / Sq Ft View Prior Sale
09/12/2017 09/12/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $109,000 -- $13 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Daisy Botti

    Seller's Agent in 2023

    Daisy Botti

    Botti Realty

    (815) 543-2080

    1 in this area

    55 Total Sales

    Daisy Botti
    Section Image
  • Rebecca Hazzard

    Seller's Agent in 2020

    Rebecca Hazzard

    RE/MAX

    (815) 509-8432

    42 in this area

    445 Total Sales

    Rebecca Hazzard
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NON MEMBER

  • R

    Seller's Agent in 2017

    Ricky Davis

    Stateline Real Estate LLC

    (815) 398-8886

    50 Total Sales

    Ricky Davis
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202302461

NorthWest Illinois Alliance of REALTORS®
Illinois Ogle County Mount Morris 61054

2 S Seminary Ave, Mount Morris, IL

Not Listed for Sale

MultiFamily

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